Bank Closes Newtown Branch

The branch is among a number of closings in the region.

Credit: Jessica Griffin/Philadelphia Inquirer

Citizens Bank has closed its branch inside the Acme in Newtown Township.

A reader pointed out the closure, which was confirmed with a recent filing from the U.S. Department of Treasury’s Office of the Comptroller of the Currency.

In early March, the Citizens Bank branch in the Bristol Township Acme on New Falls Road announced it will be closing.

Federal records show Citizens Bank has been closing several locations in the region in recent months.

Citizens Bank continues to operate a number of standalone and grocery-based branches in Lower Bucks County.

Locally and nationwide, banks have been scaling back the number of branches due to the rise in mobile and online banking.

Rhode Island-based Citizens Financial Group owns Citizens Bank and reported operating more than 1,000 branches across 11 states. The bank is the 13th largest in the nation.

In 2023, more than 2,500 bank branches across the country closed, according to Federal Deposit Insurance Corporation (FDIC) data.

About the author

Tom Sofield

Tom Sofield has covered news in Bucks County for 12 years for both newspaper and online publications. Tom’s reporting has appeared locally, nationally, and internationally across several mediums. He is proud to report on news in the county where he lives and to have created a reliable publication that the community deserves.